The latest market intelligence report, titled ‘Global Functional Food Ingredients Market ’, is intended to provide the target audience with the necessary information about the global Functional Food Ingredients Market industry. The report comprises a detailed analysis of the vital elements of the Functional Food Ingredients Market , including key drivers, constraints, opportunities, limitations, threats, and micro- and macro-economic factors. The report carefully investigates the present market scenario and the fundamental growth prospects
The global functional food ingredients market size was USD 105.60 Billion in 2022 and is expected to register a rapid revenue CAGR of 6.9% during the forecast period. Rising prevalence of chronic diseases is primary key factor driving market revenue growth. Functional meals provide the human body with essential nutrients that aid in prevention of chronic diseases as these are high in antioxidants, which help to neutralize free radicals that damage healthy cells and reduce the risk of chronic diseases including heart disease, cancer, and diabetes. In addition, high-fiber diets help to prevent illnesses such as obesity, heart disease, stroke, and Gastrointestinal (GI) disorders is another key factor driving revenue growth of the market. According to the World Health Organization (WHO), 41 million people every year die due to chronic diseases globally, among which cardiovascular illnesses accounted for majority of death i.e., 17.9 million people per year, followed by malignancies 9.3 million individuals, chronic respiratory diseases 4.1 million individuals, and diabetes-related kidney disease around 2.0 million people per year. Functional foods are fortified, enriched, and improved foods that give health advantages in addition to basic nutrients, such as vitamins and minerals, when ingested in effective amounts on a regular basis. Functional food ingredients prevent nutritional deficiencies and stimulates growth and development. For instance, oats are high in beta-glucan, a type of fiber that reduces inflammation, promotes immunological function, and improves cardiac health.
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Exhaustive coverage of the COVID-19 impact on the Functional Food Ingredients Market industry is a major attraction of the report. The global health emergency has beleaguered the global economy, thereby disrupting this particular business domain’s functioning mechanism. It assesses the present market scenario and forecasts the pandemic’s aftermath in this business sector to help organizations boost their COVID-19 preparedness.
Research Report on the Functional Food Ingredients Market Addresses the Following Key Questions:
- Who are the dominant players of the Functional Food Ingredients market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Functional Food Ingredients market?
- What are the key growth drivers and restraining factors of the Functional Food Ingredients market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Functional Food Ingredients market and its key segments?
Global Functional Food Ingredients Market: Competitive Analysis :
Cargill, Incorporated, BASF SE, ADM¸ DuPont, Arla Foods Amba, Kerry Group plc, Ajinomoto Co., Inc., DSM, Ingredion, and DSM
The research study examines historic data from 2018 and 2020 to draw forecasts until 2032. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.
Valuable Market Insights:
- The report highlights the latest trends observed in the consumption pattern of each regional segment.
- Extensive market segmentation included in the report helps better understand the revenue and estimated growth of the individual regions.
- The report throws light on the historical and current market scenarios and provides a concise year-on-year growth rate of the global Functional Food Ingredients Market .
- The report further entails the current market trends, technological advancements, revenue growth, and other aspects affecting market growth.
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Segments Covered in this report are:
Type of Ingredient Outlook (Revenue, USD Billion; 2019–2032)
- Probiotics
- Proteins Amino Acids
- Phytochemicals Plant Extracts
- Prebiotics
- Fiber Specialty Carbohydrates
- Carotenoids
- Vitamins
Source Outlook (Revenue, USD Billion; 2019–2032)
- Animal
- Plant
- Microbial
Health Benefit Outlook (Revenue, USD Billion; 2019–2032)
- Gut Health
- Cardiovascular Health
- Immunity
- Nutritive Health
- Weight Management
- Other Health Benefits
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Regional Segmentation;
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The report considers the following timeline for market estimation:
- Historical Years: 2017-2018
- Base Year: 2019
- Estimated Year: 2027
- Forecast Years: 2023-2032
TOC of the global Functional Food Ingredients Market report:
- Chapter 1, describes the Functional Food Ingredients Market Introduction, market overview, product offerings, growth opportunities, market risks, driving forces, and challenges.
- Chapter 2, analyzes the key manufacturers of Functional Food Ingredients Market , along with the sales, revenue, and price of Functional Food Ingredients Market , in the forecast period.
- Chapter 3, studies the competitive situation among the major manufacturers and vendors, with sales, revenue, and market share.
- Chapter 4, analyzes the global market by regions, with sales, revenue, and market share of Functional Food Ingredients Market, for each region, from 2020 to 2032.
- Chapters 5, 6, 7, 8 and 9, analyze the Functional Food Ingredients Market by type, application, regions, and manufacturers, with sales, revenue, and market share by key countries in these regions…Continued
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